CITY OF BOCA RATON POLICE OFFICERS' PENSION PLAN ...

Recovery from disability shall have occurred when you have recovered sufficiently form your disease orillness and are shown to be physically able to perform your regular duties in the Police ServicesDepartment. Upon recovery, the Board shall stop your disability payments and require that you resumeemployment. If you resume your position in the Police Services Department, you shall receive credit forcontinuous service for periods before and during your disability, provided you pay into the fundappropriate contributions and interest, as determined by the Board.PRE-RETIREMENT DEATH BENEFITSIf you die as a direct result of an occurrence arising in the performance of service, a lump sum payment of$5,000 shall be paid to your beneficiaries. In addition, your surviving spouse will receive a monthly benefituntil death, equal to 75% of your average monthly earnings. An additional 7½% of your average monthlyearnings will be paid for each minor child, but in no event shall the total amount paid to your spouse andchildren exceed 90% of your average monthly earnings. The payments to the children shall end upon theearlier of either death; marriage; attainment of age 18; or age 22 if the child is a full-time student in anaccredited university or college.Upon the death of your spouse, the 7½% child allowance shall be increased to 15%, with the combinedtotal not to exceed 50% of your average monthly earnings. These payments shall be made into a trust,which shall be under the control of the Board of Trustees.If you die from causes not attributable to active duty and have less than one year of continuous service, asingle payment of $2,500 shall be paid to your beneficiaries. If you have one or more years of continuousservice, a single payment of $5,000 shall be paid to your beneficiaries. If you have five or more years ofservice, your surviving spouse will also receive a monthly pension equal to 65% of your accrued pension,calculated as of your date of death, subject to a minimum benefit of 20% of your average monthlyearnings. In addition, your minor children will receive benefits equal to those described above for serviceincurreddeath benefits, provided that total benefits paid to your spouse and children shall not exceed 50%of your average monthly earnings.There is a minimum death benefit, for both service and non-service incurred death, which may be payableto any beneficiary. This benefit is your accrued pension benefit commencing on what would have beenyour Normal Retirement Date or a reduced benefit commencing on or after your Early Retirement Date.Benefits will be paid monthly for a period of 10 years (120 payments). A beneficiary who is your spousewill have the option of choosing this benefit if it is greater than those described above.You shall not qualify for pre-retirement death benefits if you are in the Deferred Retirement Option Planon your date of death.10